Prominent Hedge Fund Acquires Huge Stake in HPE: Is It a Buy Now?

Hewlett Packard Enterprise NYSE: HPE now finds itself in a precarious situation. The firm will deal with something that many executives dread: activist investors. This situation comes as headlines broke that the investment company Elliott Management has accumulated a large stake in HPE. Hewlett Packard Enterprise TodayHPEHewlett Packard Enterprise$15.13 +0.25 (+1.65%) 52-Week Range$11.97▼$24.66Dividend Yield3.44%P/E Ratio7.96Price Target$20.60Add to WatchlistElliott Management engages in various strategies ...